Monthly Archives: December 2015

Mortgages and the New Fed Bank Rate

I’ve been asked about the Federal Reserve’s recent increase in bank rates by a few clients currently home shopping. They wonder how it’s going to affect the cost of a mortgage. The Fed finally raised the benchmark fund rate on … Continue reading

Posted in Real Estate Market Outlook | Leave a comment

The Real Estate Market – 2016

The National Association of REALTORS┬« reported in October that increasing costs of rents are making it hard for would-be homebuyers to save for down payments. Rent prices are approximately 4 percent higher than a year ago and have been on … Continue reading

Posted in Real Estate Market Outlook | Leave a comment